3 Must-See Items From ServiceNow's Earnings Report
Would you pay 77 times forward earnings, or 80 times free cash flow for a publicly traded company? ServiceNow (NYSE: NOW) is one of the largest players in the Software-as-a-Service (SaaS) space, sporting a market capitalization of $106 billion, and annual revenue of $4.5 billion. The company sells digital workflow software that facilitates task automation, with a focus on IT, customer, and employee workflows.